Sentences with phrase «full immediate death benefit»

There are a few burial insurance companies that will offer you a full immediate death benefit.

Not exact matches

It comes in two basic flavors: «immediate death benefit» plans, which provide full benefits to your loved ones upon your death no matter how long you've owned the policy, and «graded benefit» plans, which offer partial payments if you've held the policy for less than two or three years and provide full payment if you've held it longer.

Such policies provide a full and immediate death benefit, and are still fully underwritten by the issuing insurance company.

This policy is issued to those aged 40 — 85, providing death benefits (from $ 2,500 to $ 50,000 depending on underwriting status), immediate full death benefit and level premiums, with accumulating cash value that can be accessed through policy loan or cash surrender.

High risks are declined for immediate coverage, but can qualify for «graded death benefit,» which are no - medical - exam policies that have a waiting period before full benefits kick in.

With immediate annuities, the contract must have a specific rider that offers a death benefit to pay the beneficiaries the remaining balance of an annuity if a designated number of payments were not made during the annuitant's life — meaning he died prior to realizing the full benefit.